IPART’s ideas would lead to 51pc rate rise

Mt Druitt - St Mary's Standard (East) - - NEWS -

A BLACK­TOWN Coun­cil re­port has re­vealed it would need to raise rates by as much as 51 per cent to meet IPART’s Fit for the Fu­ture fi­nan­cial guide­lines.

The coun­cil was deemed “un­fit” by IPART last month. It failed six of the seven fi­nan­cial guide­lines with new rev­enue streams re­quired to meet the cri­te­ria. The coun­cil would need to col­lect an ex­tra $70 mil­lion from ratepay­ers to reach the bench­mark.

Black­town Mayor Stephen Bali said the cri­te­ria used by IPART was un­fair and did not pro­vide a clear re­flec­tion of Black­town’s fi­nan­cial po­si­tion.

“All of coun­cil’s Sec­tion 94 con­tri­bu­tion in­come, which comes from de­vel­op­ment, was ex­cluded from their as­sess­ment,” he said. “It is not a fair look at the health of Black­town Coun­cil and we have re­jected the claims of IPART that we are un­fit.’’

NSW Premier Mike Baird said the Gov­ern­ment would release the out­comes of the Fit for the Fu­ture process be­fore the end of the year.

Black­town was not con­sid­ered for amal­ga­ma­tion.

-Nick Houghton

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